Scb X Pcl
SCB X PCL, officially known as Siam Commercial Bank X Public Company Limited, is a prominent financial institution headquartered in Thailand. Established in 1907, SCB X has evolved into a leading player in the banking and financial services industry, with a strong presence across Southeast Asia. The company offers a diverse range of services, including retail banking, corporate banking, and wealth management, distinguished by its innovative digital solutions. SCB X is recognised for its commitment to customer-centric services and technological advancements, positioning itself as a pioneer in the region. With a robust market position, SCB X has achieved significant milestones, including numerous awards for excellence in banking services. Its focus on sustainability and digital transformation continues to drive its growth and enhance its reputation in the competitive financial landscape.
DitchCarbon Score
How does Scb X Pcl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Scb X Pcl's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Scb X Pcl's reported carbon emissions
In 2023, SCB X Public Company Limited, headquartered in Thailand, reported total carbon emissions of approximately 11,518,000 kg CO2e from Scope 1 and Scope 2 sources. This included about 11,000 kg CO2e from direct emissions (Scope 1) and approximately 53,000 kg CO2e from indirect emissions related to electricity consumption (Scope 2). Additionally, the company disclosed Scope 3 emissions, which totalled around 30,061,000 kg CO2e, primarily from purchased goods and services. Over the years, SCB X has made significant strides in reducing its carbon footprint. From 2022 to 2023, the company increased its Scope 1 emissions from about 7,514,000 kg CO2e to 11,518,000 kg CO2e, while Scope 2 emissions rose from approximately 62,643,000 kg CO2e to 53,866,000 kg CO2e. Despite these increases, SCB X has committed to long-term net-zero targets, aiming for substantial reductions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. The company has set a headline target to cover 20% of its total investment and lending by total assets as of 2021, with required activities making up 25% of its total investment and lending. SCB X's climate strategy aligns with the 1.5°C target, ensuring that its operational emissions reductions are consistent with global climate goals.
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Get Started| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 7,514,000 | 00,000,000 |
| Scope 2 | 62,643,000 | 00,000,000 |
| Scope 3 | 37,341,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Scb X Pcl is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
